Univar completes Earthoil acquisition

Chemical and ingredient distributor Univar’s British subsidiary has completed an acquisition of Earthoil Plantations to boost its personal care business line.

Earthoil Plantations is a subsidiary of UK-based chemical manufacturing company Treatt. It specialises in the supply of organic, fair trade vegetable seed oils and offers a product portfolio of natural raw materials to companies operating in the personal care sector.

Univar president and CEO David Jukes said: “The Earthoil acquisition is a perfect example of our disciplined approach to investment as these assets can be leveraged across our personal care vertical in multiple regional segments.

“The execution of our global strategy includes acquiring speciality products and capabilities that benefit customers around the world.”

Following the acquisition, Earthoil Plantations will become part of Univar’s personal care business. It will continue to operate as usual until the integration process is completed.

Univar’s Europe, the Middle East and Africa (EMEA) and Asia-Pacific (APAC) president Nick Powell said: “The successful closure of the Earthoil acquisition is an important step for Univar’s European and global natural beauty and personal care market.

“The acquisition of Earthoil allows us to add a natural ingredient product portfolio and better meet the needs of our customers and key supplier partners.”

Earthoil Plantations general manager Richard Eyles said: “Earthoil is an excellent extension of Univar’s existing natural beauty and personal care product line.

“I’m really excited about this next chapter and look forward to serving our valued customers better by combining Univar’s global sales reach, distribution expertise and formulation laboratories with Earthoil’s expertise in sourcing its provenance-rich range of essential oils and vegetable oils.”